Question
What is the present value of an annuity that pays $68 per year for 14 years and an additional $1,000 with the final payment? Use
What is the present value of an annuity that pays $68 per year for 14 years and an additional $1,000 with the final payment? Use an annual effective interest rate of 8.75%. The answer is $846.01 but i dont know how to get that answer. I have a HP 10bll + Financial Calculator but i dont know how to put this into the calculator. PLEASE HELP!!
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Banking Reforms And Monetary Policy In The Peoples Republic Of China
Authors: Yong Guo
1st Edition
1403900787,1403914540
